Virginia Office
251 Albevanna Lane
Scottsville VA 24590
Phone: 434-286-3130
Maryland Office
114 Hilltop Road
Silver Spring, MD 20910
Phone: (240) 565-3816
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ESOP Consultants
RONALD J. GILBERT
President and Cofounder
esop@esopservices.com
Ronald J. Gilbert (“Ron”) is cofounder and President of ESOP Services, Inc., an international consulting firm specializing in Employee Stock Ownership Plan (“ESOP”) transactions for privately held companies. With offices in Virginia and Maryland, the firm’s clients are throughout the US.
Ron holds a Bachelor’s Degree in Commerce from the McIntire School of Commerce at the University of Virginia and a Master of Financial Services from The American College. He has served on the boards of directors of seven ESOP companies. He is a former member of the board of directors of The National Center for Employee Ownership and The ESOP Association.
With forty years of experience, Ron is a frequent speaker at ESOP seminars sponsored by The World Bank, The ESOP Association, The National Center for Employee Ownership, banks, colleges, national and state governments, etc., and has spoken in nine countries. Ron was instrumental in obtaining the first IRS private letter ruling sanctioning an international ESOP for a U.S. based company.
Ron Gilbert is co-author and co-editor of Employee Stock Ownership Plans: ESOP Planning, Financing, Implementation, Law and Taxation, the most comprehensive work on the subject, published by the Beyster Institute. He has also authored numerous ESOP articles for various publishers, including the Brookings Institution Press and The National Center for Employee Ownership. Publications include the Journal of Employee Ownership, Law and Finance; Don’t Do That; and Selling to an ESOP.
Prior to cofounding ESOP Services, Inc., Ron was a Vice President of Kelso & Company in San Francisco, working with Louis Kelso, the “father” of the ESOP.
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DAVID M. BINNS
Senior Consultant
david@esopservices.com
David Binns is an experienced corporate executive with extensive expertise with employee stock ownership plans (ESOPs), equity compensation strategies and international economic development. He has served as a senior officer, Board member and/or advisor on a number of successful buyouts of ESOP companies.
He served as President & CEO of Macfadden & Associates, a 100% ESOP-owned company, from 2011 through 2018. A professional services government contracting company with approximately 325 employees, Macfadden specializes in delivering a broad range of services to support the U.S. government’s response to international disasters and humanitarian crises. From 2008-2011 he served as Macfadden’s Chief Operating Officer where he was responsible for management and oversight of operations, including integrating an acquisition that effectively doubled the number of professional staff. Macfadden was acquired by PAE in February 2018.
From 1991-2008 Mr. Binns served as Associate Director of the Beyster Institute, where he consulted with scores of companies on the use of equity compensation plans and managed many of the Institute’s international economic development and privatization programs.
He served as Executive Director of The ESOP Association from 1984-1991. His experience includes work in over 20 countries on a variety of entrepreneurship and economic development programs, including the design and implementation of employee ownership plans to facilitate the privatization of state-owned enterprises.
Mr. Binns has served on multiple corporate and non-profit boards of directors and advisory boards including Macfadden & Associates, Mattos Pro Finishes, the Beyster Foundation for Enterprise Development, Wilson Global Communications and several other private companies.
A published author, Mr. Binns has written extensively on ESOP-related issues and is Co-Editor of Employee Stock Ownership Plans: ESOP Planning, Financing, Implementation, Law & Taxation.
Mr. Binns is a graduate of the University of Virginia. He and his wife Beth live in Silver Spring, MD.
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Staff
BEVERLY EDGETT
Executive Assistant
beverly@esopservices.com
KELLY GILBERT
CFO
kelly@esopservices.com